908 Devices Inc [NASDAQ: MASS] gained 95.96% on the last trading session, reaching $3.88 price per share at the time.
If compared to the average trading volume of 607.53K shares, MASS reached a trading volume of 125069251 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 908 Devices Inc [MASS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MASS shares is $5.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MASS stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Leerink Partners have made an estimate for 908 Devices Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 13, 2024. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on February 07, 2023, representing the official price target for 908 Devices Inc stock.
The Average True Range (ATR) for 908 Devices Inc is set at 0.39, with the Price to Sales ratio for MASS stock in the period of the last 12 months amounting to 2.45. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 2.06.
Trading performance analysis for MASS stock
908 Devices Inc [MASS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 61.00. With this latest performance, MASS shares gained by 55.20% in over the last four-week period, additionally sinking by -2.02% over the last 6 months – not to mention a drop of -47.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MASS stock in for the last two-week period is set at 69.60, with the RSI for the last a single of trading hit 74.36, and the three-weeks RSI is set at 65.84 for 908 Devices Inc [MASS]. The present Moving Average for the last 50 days of trading for this stock 2.4200, while it was recorded at 2.4900 for the last single week of trading, and 3.7900 for the last 200 days.
908 Devices Inc [MASS]: A deeper dive into fundamental analysis
908 Devices Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.54 and a Current Ratio set at 4.24.
An analysis of Institutional ownership at 908 Devices Inc [MASS]
The top three institutional holders of MASS stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 3.94 million shares, which is approximately 12.0377%. AMERIPRISE FINANCIAL INC, holding 1.88 million shares of the stock with an approximate value of $$9.7 million in MASS stocks shares; and AMERIPRISE FINANCIAL INC, currently with $$9.49 million in MASS stock with ownership which is approximately 5.6333%.
